Monster Worldwide, Inc., together with its subsidiaries, provides online and mobile employment solutions worldwide. The company offers services in approximately 40 countries, with job seeking, career management, recruitment and talent management capabilities. The company serves the recruiting industry with advanced technology using intelligent digital, social and mobile solutions, including its flagship Website monster.com and an array of products and services. The company’s services and solutions include searchable job advertisements; resume database access; recruitment media solutions through its advertising network and partnerships; Twitter Cards and social job distribution; social profile aggregation; and other career-related content. Job seekers can search job advertisements and post their resumes for free on each of its career Websites and mobile applications. Employers pay to: advertise available jobs and recruitment related services; search the Monster resume and social profile databases; and access other career-related services. The company also operates a government solutions business, Monster Government Solutions (MGS), which sells software solutions to federal, state and local governments and educational institutions within the U.S. and the United Kingdom. MGS provides recruitment solutions that engage seekers and employers online, enable MGS customers to attract qualified candidates, expedite time to hire and create online communities using innovative technologies and services. These services primarily include customized career sites hosted by MGS utilizing a ‘Software as a Service’ (SaaS) model. Segments The company operates in three segments: Careers-North America; Careers-International; and Internet Advertising & Fees. Careers (North America and International) The company connects people to jobs, wherever they are. It offers services in approximately 40 countries around the world. With a local presence in markets in North America, Europe, and Asia, the company works by connecting employers with job seekers at all levels and by providing searchable jobs and career management resources online. The company’s services and solutions include searchable job advertisements; resume database access; recruitment media solutions through its advertising network and partnerships; Twitter Cards and social job distribution; social profile aggregation; and other career-related content. Job seekers can search job advertisements and post their resumes for free on each of its career Websites and mobile applications. Employers pay to: advertise available jobs and recruitment related services; search the Monster resume and social databases; and access other career-related services. The company has alliances with media and publishing companies, including approximately 1,000 newspapers in the United States. Internet Advertising & Fees This segment operates a network of Websites that connect companies to highly targeted audiences at critical stages in their lives. This Web traffic is monetized through display advertising and lead generation. Revenue for the Internet Advertising & Fees segment is derived primarily from two types of services: display advertising and lead generation. Display advertising opportunities have been integrated across the Monster Worldwide network of Websites, allowing marketers to deliver targeted online advertising messages via various sizes and formats of creative units. Consumers come to the company’s Websites for information and advice on how to manage critical life transitions. The company’s database of users and ongoing collection of various points of data allows the company to provide its customers with targeted and valuable opportunities to connect with interested consumers. Customers The company’s customers comprise enterprise organizations, small and medium-sized organizations, federal, state and local government agencies, educational institutions and individuals. Strategy The company’s long-term business strategy is designed to capitalize on the various opportunities that exist in the global online recruitment marketplace and related markets. The company’s strategy calls for strategic investment in product, technology, brand support and customer service to expand its global leadership position in an effort to achieve long-term growth and profitability and create shareholder value. As part of the new strategy, the company is expanding its job advertising distribution beyond the traditional placement on its own network of sites and its Career Ad Network to include expanded social distribution. History Monster Worldwide, Inc. was founded in 1967.
monster worldwide inc (MWW:New York)
133 Boston Post Road
Weston, MA 02493
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